What is Broker KATO review like?

Is this a new broker? I see that there are no ratings on TrustPilot or ForexPeaceArmy yet. They use IFSC regulation. If there are no reviews or ratings on those 2 sites yet, it’s better to avoid them for now. Just look for another one. Maybe you see them often on FB because they are currently promoting entry into the Indonesian market. Most new brokers are like that.

@ Ndalem:

Based on the information we have, this KatoPrime broker is based in Belize and regulated by IFSC Belize, so it falls into the category of offshore brokers.

For the security of your trading and funds, we recommend choosing a broker that is already regulated by an internationally credible regulatory body, namely: CFTC, NFA, FCA, FSA, FINMA, MiFID, ASIC and FMA.

Credible regulatory bodies are those that have been tested and are internationally recognized, and provide strict sanctions to brokers if they are found to violate agreed-upon terms. These regulatory bodies are also responsible for the security of client funds.